Devaluation

Pronunciation: /dɪˌvæljuːˈeɪʃən/

Devaluation (noun)

  1. A decrease in the worth or value of something, often related to currency.
  2. A reduction in the significance or importance of something.

Examples

  • The devaluation of the currency affected the economy significantly.
  • The devaluation of the role led to decreased motivation among employees.

Common collocations: currency devaluation, devaluation impact, social devaluation, devaluation of values

Synonyms of Devaluation

Formal

Neutral

Antonyms of Devaluation

  • — refers to an increase in value, often in economic discussions.
  • — the process of determining worth, often used in financial contexts.